I read an article on Entrepreneurship by an IIM-A alumnus who is currently working as a Global Executive Manager with an MNC. The author was focused on ‘follow your dreams/heart’ , ‘never give up’ thing and ‘have a great idea’ thing. While most of it is true, the ultimate aim of MBA – entrepreneurs seems to be making money.
I’d seriously counter that. Entrepreneurship should not be all about making money. Its about making sense and meaning. However, as I’ve found out that every MBA-Entrepreneur is focused on making money which follows the endless pursuit of venture capital or angel fund.
Why money shouldn’t be a focus for any entrepreneur? Simply because in the initial days when there’s no money the entrepreneur has to work without money, without getting bored while keeping his/her self-motivation levels high. This is the most important factor in success/failure of any entrepreneur. Money follows but it takes lot of patience and persistence to achieve that point.
–The Big K–
PS: I’m thinking this should be the theme of my talk on Entrepreneurship at MIT (Maharashtra …). I’ve been invited there to speak to CS & MBA students. Will post the details later.